Viewpoint column + Bear Stearns | The Guardianhttps://www.theguardian.com/business/series/viewpointcolumn+bear-stearns
Indexen-gbGuardian News and Media Limited or its affiliated companies. All rights reserved. 2017Fri, 18 Aug 2017 03:20:05 GMT2017-08-18T03:20:05Zen-gbGuardian News and Media Limited or its affiliated companies. All rights reserved. 2017The Guardianhttps://assets.guim.co.uk/images/guardian-logo-rss.c45beb1bafa34b347ac333af2e6fe23f.pnghttps://www.theguardian.com
Stock markets keeps calm and carry on as financial crisis hits Spainhttps://www.theguardian.com/business/2010/apr/28/stock-markets-greece-debt
Companies are reporting better than expected profits and with upbeat US economy the double-dip looks less of a threat<p>What's wrong with these stock market investors? Don't they know the sight of Greek 10-year bond yields at 11% is meant to be terrifying? Can't they see that <a href="http://www.theguardian.com/business/2010/feb/05/spain-bid-calm-turmoil" title="Spain seeks to calm fears it is 'next Greece' as European markets plunge">a downgrade to Spanish debt</a> takes the crisis into new territory?</p><p>The air of calm in stock markets today was remarkable. The FTSE 100, after shedding 60 points at the open, <a href="http://www.theguardian.com/business/marketforceslive/2010/apr/28/glaxosmithkline-bp" title="regained all the lost ground by lunchtime">regained all the lost ground by lunchtime</a>. S&amp;P's late-breaking Spanish news caused a reverse in the late afternoon but the final FTSE reading was: down only 17 points. No earthquake there.</p> <a href="https://www.theguardian.com/business/2010/apr/28/stock-markets-greece-debt">Continue reading...</a>BusinessGreeceSpainFTSETescoFinancial crisisBear StearnsLehman BrothersEuropean UnionEurozone crisisFinancial sectorEuropeWed, 28 Apr 2010 19:47:00 GMThttp://www.theguardian.com/business/2010/apr/28/stock-markets-greece-debtPhotograph: Shaun Curry/AFPDespite financial storms in Greece and Spain FTSE fell by only 17 points having shed 60 points in early trading. Photograph: AFPPhotograph: Shaun Curry/AFPDespite financial storms in Greece and Spain FTSE fell by only 17 points having shed 60 points in early trading. Photograph: AFPNils Pratley2010-04-28T19:47:00ZNils Pratley: Lewis takes a punt on Bear markethttps://www.theguardian.com/business/2007/sep/11/viewpointcolumn
<p>The reaction in the US to news that Joe Lewis had bought a 7% stake in Bear Stearns, the Wall Street brokerage that was among the first to confess to damage from subprime mortgages, was terribly sniffy. Over there, they've barely heard of Lewis, and a typical response went along the lines of: "It's not like a vote of confidence from a major financial institution."</p><p>No, it's not - it's much better than that. Lewis risks his own money, not that of shareholders, and he acquired his status as a billionaire mostly by trading the toughest of all markets - currencies. And he it did from scratch: he was born above a pub in Bow in the East End and left school at 15.</p> <a href="https://www.theguardian.com/business/2007/sep/11/viewpointcolumn">Continue reading...</a>BusinessBear StearnsMon, 10 Sep 2007 23:42:22 GMThttp://www.theguardian.com/business/2007/sep/11/viewpointcolumnNils Pratley2007-09-10T23:42:22Z